Firms that want a holistic macro view of their trading and clearing operations are now getting another choice of vendor to help them manage their trading operations.
Liquid Holdings, provider of a single cloud-based platform that integrates real-time order, execution, and risk management with reporting and shadow NAV for the financial services community, unveiled Liquid FIRMSM (Financial Intermediary Risk Management). FIRMSM is a real-time solution that allows firms to actively monitor pre- and post-trade risks at all times across multiple accounts and strategies.
The new platform is designed for multi-manager allocation platforms, separately managed accounts (SMAs), clearing firms, prime brokers, family offices and proprietary trading shops, LiquidFIRMSM provides a macro look at total market exposure across all accounts in real-time, with the ability to thoroughly examine into the results at the client, asset class, or issue level.
“Our discussions with other hedge fund service providers uncovered a need for a firm-wide risk solution that dynamically monitors P&L, performance, stress, shocks, and liquidity as well as pre-trade compliance across multiple client accounts, and down to the level of granularity required to oversee each account,” said Julia Bronson, executive vice president of Liquid Holdings Group . “LiquidFIRMSM was purpose-built to address these needs in real-time, while providing clients with additional value including outsourced middle-office services to accurately price all portfolios on a nightly basis and secure access to the solution all-the-time, everywhere through our private cloud.”
In addition to the solution’s detailed post-trade risk analyses and reporting, LiquidFIRMSM allows these same firms to observe the fund managers they work with, ensuring all investment activity adheres to each manager’s respective investment mandate.
LiquidFIRMSM is supported by the risk analytics team at Liquid Holdings Group, which averages 18 years of risk and investment management experience honed at leading institutions such as Goldman Sachs, ABN Amro, Nexus Capital, Credit Suisse, Bank of America and Soros Fund Management.
